There are a number of bond price calculators on the Web. Use one to check whether a
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There are a number of bond price calculators on the Web. Use one to check whether a change in yield has a greater effect on the price of a long-term or a short-term bond.
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To compare the sensitivity of longterm and shortterm bonds to changes in yield we can use a bond pri...View the full answer
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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9781264101566
11th Edition
Authors: Richard A. Brealey, Stewart C. Myers, Alan J. Marcus
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